Common use of REDUCTIONS, TERMINATIONS AND CHANGES Clause in Contracts

REDUCTIONS, TERMINATIONS AND CHANGES. 1. A. If in accordance with policy provisions the original policy is converted to permanent life insurance, the life risk under the converted policy which exceeds the amount of risk originally retained by the CEDING COMPANY shall continue to be reinsured with BMA.

REDUCTIONS, TERMINATIONS AND CHANGES. 1. A. If in accordance with policy provisions the original policy is converted to permanent life insurance, the life risk under the converted policy which exceeds the amount of risk originally retained by the CEDING COMPANY shall continue to be reinsured with BMA.COMPANY B.